Common use of Title Examination; Commitment for Title Insurance Clause in Contracts

Title Examination; Commitment for Title Insurance. Seller has obtained from the Title Company and delivered, or shall obtain from the Title Company and deliver, to Purchaser, an ALTA title insurance report (the “Title Commitment”) covering the Property. Purchaser shall have until the date (the “Title Exam Deadline”), which is five (5) days prior to the expiration of the Inspection Period to review the Title Commitment and at Closing obtain from the Title Company an Owner’s Policy of Title Insurance in the full amount of the Purchase Price pursuant to Section 2.4 hereof.

Title Examination; Commitment for Title Insurance. Buyer shall, at its own cost and expense, obtain and deliver to Seller has obtained from the Title Company and delivered, or shall obtain from the Title Company and deliver, to Purchaser(as hereinafter defined), an ALTA title insurance report (the “"Title Commitment”") covering the Property. Purchaser Buyer shall have until the date (the “"Title Exam Deadline”), ") which is five thirty (530) days prior to after it receives the expiration of the Inspection Period Title Commitment to review the Title Commitment and at Closing obtain from the Title Company an Owner’s Policy owner's policy of Title Insurance title insurance in the full amount of the of the Purchase Price pursuant to Section 2.4 hereof2.4.